Capital Budgeting: Financial Appraisal of Investment Projects

by Don Dayananda, Richard Irons, Steve Harrison, John Herbohn, Patrick Rowland

Overview

This book for advanced students and professionals in management and finance explains the financial appraisal of capital budgeting projects. It develops basic concepts, principles and techniques and applies them to case studies in forestry, property and international investments. Resource constraints are introduced to the capital budgeting decisions with a variety of worked examples using linear programming techniques. All calculations are extensively supported by Excel workbooks on the Web, and end of chapter questions.

Product Details

ISBN-13:	9780521817820
Publisher:	Cambridge University Press
Publication date:	10/17/2002
Pages:	342
Product dimensions:	6.69(w) x 9.61(h) x 0.83(d)
Lexile:	1380L (what's this?)

About the Author

Don Dayananda is Senior Lecturer in Finance at the School of Commerce, Central Queensland University.

Richard Irons is Associate Professor of Economics in the School of Economics at the University of Queensland.

Steve Harrison is Senior Lecturer in the School of Natural and Rural Sustems Management at the University of Queensland.

John Herbohn is Lecturer in Finance in the School of Commerce, Central Queensland University.

Patrick Rowland is Senior Lecturer in the Department of Property Studies, Curtin University of Technology.

Table of Contents

1. Capital budgeting: an overview; 2. Project cash flows; 3. Forecasting cash flows: overview, quantitative techniques, approaches; 4. Forecasting cash flows: qualitative methods; 5. Essential Formulae in project appraisal; 6. Project analysis under certainty; 7. Project appraisal under risk; 8. Sensitivity and break-even analysis; 9. Simulation concepts and methods; 10. Case study in financial modelling and simulation of a forestry investment; 11. Resource constraints and linear programming; 12. More advanced linear programming concepts and methods; 13. Financial modelling case study in forestry project evaluation; 14. Property investment analysis; 15. Forecasting and analysing risks in property investments; 16. Multinational corporations and International Project appraisal; Appendix A. Answers to review questions.